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Periwinkle Empire Unveils $150M Abuja Luxury Tower Project

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Legit.ng
Periwinkle Empire Unveils $150M Abuja Luxury Tower Project

Periwinkle Empire officially entered Abuja's real estate market by announcing the Royalties Abuja project, a $150 million, 20-storey luxury residential tower located in the Central District, directly opposite the Consulate. This announcement was made on October 6, 2026, following a consortium agreement signing with Prime Luxury Address Ltd.

Dr Peter Adejoh, Chairman of Prime Luxury Address Ltd, stated that the collaboration aims to elevate premium residential development standards in Abuja. Dr Chiedu A. Nweke, Chairman of Periwinkle Empire, noted this project as the company's first significant venture outside Lagos, emphasizing Abuja's strategic importance.

The main contractor, Al Mansour Contracting Limited, represented by Engr Wael Mansour, will adhere to international construction standards and target LEED certification for sustainability. Tunde Olatunji, Managing Director of Periwinkle Condos, described the project as transformative for luxury living in Abuja.

The initiative is expected to create jobs and stimulate economic activity in the area.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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